MikesJakub

BTC big moves UP?

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
So BTC has broken up from the parallel channel which is good.
Right now it's been forming this bullish triangle... which is also good.
Bitcoin is making higher lows.. also good

Right now what we can expect...
We can see nice waves forming as well... if we think the first wave is between A and B...
The fifth wave must be the same.. so it would lead us somewhere around 65 k...
But you can also see a W pattern... well I don't see anything bearish in here...

I'm super bullish on BTC right now.. and I expect big runs.. but we need some catalyst...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.